How to Avoid Student Loan Debt With Weird Scholarships (2024)

How to Avoid Student Loan Debt With Weird Scholarships (1)

Weird scholarships can come in really handy to pay for college. College tuition is expensive, and student loans are not a good solution by any means. Here's a guest post from Pyper Barnes who is a current college student and runs a unique website named WeirdScholarships.net where you can find all kinds of unusual scholarship opportunities.

Student Loan Debt is a Huge Problem

Simply put, college is expensive. In fact, it's incredibly expensive. So expensive that this year 7 out of 10 college graduates now have student loan debt.

Keeping up with the rising costs of higher education is difficult to say the least. College savings accounts and under the mattress money can’t keep up with tuition spikes, fees, and those crazy overpriced on-campus meal plans. As a result, the problem is getting worse.

This year's class is leaving campus with a degree in one hand as well as more student loan debt than any class in history.

As a current college student, I am all too familiar with high tuition bills and student loan debt. Student loans are an easy and quick option for most college students. In fact, every college student is eligible to receive some amount of federal student loan funding.

So if you have a creditworthy parent, private student loans are just an application away. I myself took out student loans to fund my education at the University of Alabama. For me, student loans weren’t a choice, my loans were a necessity. After a series of financial letdowns, my parents weren’t in a great position to help me financially.

Contents hide

1 Student Loan Debt is a Huge Problem

3 Weird Scholarships Can Help

4 Strange Scholarships You Never Knew Existed

5 Applying for Unusual Scholarships

6 WeirdScholarships.net Can Help

7 Tips for Getting Started

7.1 Get Organized

7.3 Find Your Niche

7.4 Keep Applying

7.5 Don’t Give Up

Scholarships Can Be a Huge Help

After using student loans during my sophom*ore year at college, I was determined to avoid any more debt. Compounded interest isn’t fun to think about. I set my sights on paying my tuition bill through scholarships. Scholarships are a huge piece of the higher education puzzle. Unlike student loans, scholarship awards do not need to be paid back.

As you may know, the majority of scholarship funding comes directly from the institution itself through merit scholarships. Merit scholarships are usually given as a way to attract academically gifted students to campus.

Finding non-merit based scholarships is tough due to the sheer level of competition in the market. According to Google, scholarships is searched for for 301,000 times each month.

Weird Scholarships Can Help

With only a limited number of scholarship dollars available, and millions of college students, scholarship awards are far from certain. Consequently, that quick Google search for “scholarships” will bring a lot of spam and competitive scholarships to the first page. Winning one of these awards is about as likely as winning mega-million. Seriously.

So where did I look for scholarships? Not on the first page of Google’s search results. Therefore if you want to find less competitive scholarship opportunities you need to get creative.

Strange Scholarships You Never Knew Existed

You need to look for weird scholarship opportunities. Are you left-handed? Are you a single mother? Transfer student? Do you wear glasses? While I am not left-handed, a single mother, a transfer student, or wear glasses, you get the point.

It may sound like I’m kidding, but I can promise that there are hundreds of strange scholarship opportunities available. And guess what, the level of competition for these scholarships is a fraction of popular scholarships. Smaller scholarships have smaller awards but you will have a much greater shot of at least getting an award.

Applying for Unusual Scholarships

Applying for scholarships can seem like a full-time job at first. But after a few applications you will be able to reuse the same applications over and over again. Most of all, you should understand if you spend 100 hours applying for scholarships only to be awarded $2,000, well you’ve just made $20 an hour!

I was able to avoid more student loans by funding my cost of attendance through strange scholarship awards. I was able to piece together a hand full of unusual scholarship awards.

Hey, Jason here: By the way, you might want to check out a great resource I recommend for avoiding student loan debt and paying cash for college. It's titled “Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents” by Zac Bissonnette

WeirdScholarships.net Can Help

This summer I created a website called WeirdScholarships.net(named recently changed to ScholarshipBee.com). As you might expect, my website is dedicated to cataloging and presenting unique scholarships from across the internet. So after my personal scholarship campaign, I kept a catalog of scholarship opportunities I came across.

On WeirdScholarships.net I am sharing my catalog of unusual scholarships for free. No ads, spam, scams, no account required. 100% free.

WeirdScholarships.net is just a project right now. I was inspired to create WeirdScholarships.net because I wanted to help my classmates avoid crushing student loan debt. If my website can help just one student avoid student loans, I will be more than happy with the time spent on this project.

Since launching, I’ve created and added about 50 scholarship guides in addition to my giant list of 101 weird scholarship opportunities.

If you have some time this summer, check it out and see if you can find any good matches.

Manage all your financial accounts in one easy to use dashboard with Personal Capital- It's FREE!

Tips for Getting Started

Get Organized

I encourage you to set up an account on Google Drive or one of the other cloud storage services on the internet. Signing up for these accounts is free and will allow you to keep your scholarship campaign organized. I like Google Drive because you can directly work with Google Docs and Google Sheets.

Moreover, you can keep everything cataloged and organized in one place. After 20 applications things will start to get cluttered and a bit overwhelming. Therefore, staying organized from the start will save you time down the road.

Save Your Applications

Make sure to save hard copies of your applications for the future. As I mentioned above, there is a lot of crossover between scholarship applications and essays. Therefore, by saving your application responses you will definitely be able to save yourself time on future applications.

Find Your Niche

Start by thinking about yourself. What are you good at? Is there something you want to be good at? What are you studying? Why do you need a scholarship?

Identifying the correct scholarships to apply for is the key to winning an award. So the better the fit for a particular scholarship, the better your odds. On WeirdScholarships.net I have a catalog for everything you can think of. I even have a borrowed scholarship search which can help you find some targeted opportunities.

Keep Applying

Too many students stop looking for scholarships after they enter college. For some reason students believe you can only get scholarships as a freshman. This is simply wrong. You can get scholarships throughout your college career. In fact, there are a number of scholarships for upperclassmen only. Keep applying even after you’ve acquired your taste for cheap beer and vodka.

Don’t Give Up

In conclusion, applying for scholarships can be boring and you might feel like it is all worthless. I can promise you that applying for scholarships will be boring. So try listening to music or even watching television to make a process less painful. Spotify has a student discount. You can get a monthly Spotify subscription for only $5 a month if you are a college student. I kept my sanity through music.

I can promise you it won’t all be worthless. So keep your head down and your blinkers on.

Pyper Barnes is a Junior at the University of Alabama. Pyper created Weird Scholarships to help college students avoid student loan debt though lesser known scholarship opportunities. WeirdScholarships.net was created in May 2015 and is updated at least once a week.

How to Avoid Student Loan Debt With Weird Scholarships (2024)

FAQs

Can scholarships pay off student debt? ›

There are several scholarships and grants you can use to pay off student loans. And unlike other student loan assistance programs, they don't have a service obligation attached to them.

Is there a way to avoid student loan debt? ›

Student loan debt doesn't have to be an inevitable part of pursuing higher education. By exploring alternative education paths, seeking out scholarships and grants, and working part-time or in co-op programs, you can make smart and unique choices to avoid accumulating excessive student loan debt.

How to find lesser known scholarships? ›

Finding unusual scholarships is harder, simply because there are fewer of them available. You can start with a scholarship search at Scholarships.com, which will automatically match you to unusual scholarships as well as any others you qualify for.

How do you handle crippling student loan debt? ›

Student debt on the rise
  1. Don't ignore them. ...
  2. Take stock of your loans. ...
  3. Check for special programs. ...
  4. Review refinancing and consolidation options. ...
  5. Look for a payment plan that works for you. ...
  6. Consider your particular situation if you're struggling. ...
  7. Avoid prioritizing student loans over everything else.

Can you keep scholarship money you don't use? ›

If money is left over, can you keep it? Chances are there won't be unused scholarship money after the school takes what it needs for cost of attendance expenses. If there is some left over, your school might send the unused money in a refund check. If they do, you can't turn it into personal cash.

How to get student loans paid off for free? ›

Public Service Loan Forgiveness (PSLF)

If you work full time for a government or nonprofit organization, you may qualify for forgiveness of the entire remaining balance of your Direct Loans after you've made 120 qualifying payments—i.e., 10 years of payments.

How much student debt is too much? ›

Regardless, one rule of thumb for student debt is that you should try not to borrow more than the first year salary you can expect in your chosen field. For example, if you expect to earn $38,000 in the first year of your career, you should try to borrow $38,000 or less for your degree.

How to pay for college without debt? ›

17 Ways to Go to College Debt-Free
  1. Attend a Public School as an In-State Student. ...
  2. Attend Community College. ...
  3. Attend Online College. ...
  4. Attend a No-Loan College. ...
  5. Save With a 529 Plan. ...
  6. Earn Scholarships. ...
  7. Earn Grants. ...
  8. Participate in a Work-Study Program.

Do student loan debt ever go away? ›

Do student loans go away after 7 years? While negative information about your student loans may disappear from your credit reports after seven years, the student loans will remain on your credit reports — and in your life — until you pay them off.

What is the hardest scholarship to get? ›

Hardest scholarships to get?
  1. Coca-Cola Scholars Program: This scholarship awards 150 graduating high school seniors with a $20,000 scholarship. ...
  2. The Gates Scholarship: The Gates Scholarship covers full cost of attendance for 300 outstanding minority high school seniors from low-income backgrounds.
May 30, 2024

What is the zombie apocalypse scholarship? ›

Scholarship Overview

Each year, this scholarship awards $2,000 to the applicant who, in 250 words or less, best describes their escape plan if there were a zombie outbreak at their school.

What is the most unique scholarship? ›

10 Unusual Scholarships in the US You Didn't Know Existed
  1. Zombie Apocalypse Scholarship. ...
  2. Stuck at Prom Scholarship. ...
  3. Tall Clubs International Scholarship. ...
  4. Asparagus Club Scholarship. ...
  5. Flavor of the Month Scholarship. ...
  6. Chick and Sophie Major Memorial Duck Calling Contest. ...
  7. Eileen J. ...
  8. Vegetarian Resource Group Scholarship.
Apr 26, 2024

How much is the monthly payment on a $70,000 student loan? ›

The monthly payment on a $70,000 student loan ranges from $742 to $6,285, depending on the APR and how long the loan lasts. For example, if you take out a $70,000 student loan and pay it back in 10 years at an APR of 5%, your monthly payment will be $742.

How to aggressively pay off student loans? ›

9 tips for paying off student loans fast
  1. Make additional payments.
  2. Set up automatic payments.
  3. Get a part-time job in college.
  4. Stick to a budget.
  5. Consider refinancing.
  6. Apply for loan forgiveness.
  7. Lower your interest rate.
  8. Take advantage of tax deductions.
Feb 28, 2024

What are 3 ways someone can minimize student loan debt? ›

Consider attending a no-loan school. Estimate college costs. Maximize other funding sources. Start a side hustle or get a part-time job.

What happens to the leftover money from scholarships? ›

If you've received scholarship funds that are greater than your cost of tuition and fees, oftentimes your college or university will send you a refund for the leftover money. Depending upon the terms of your scholarship, you can use these funds for another education-related expense.

How can a college student pay off debt? ›

Take control of your loans
  1. Know what you owe. ...
  2. See if your loans fit into your budget and pay schedule. ...
  3. Make sure your federal repayment plan is the best one for you. ...
  4. Set up direct debit (aka autopay) for 0.25% off your interest rate. ...
  5. Stay in touch with your servicer. ...
  6. Keep good records.

Does tuition reimbursem*nt pay off student loans? ›

Educational assistance programs can cover a broader range of expenses, including tuition, fees, books, supplies, and student loan repayments. Tuition reimbursem*nt programs, on the other hand, typically cover only tuition and related expenses for courses taken while employed.

Can you get student debt forgiven? ›

If you repay your loans under an IDR plan, any remaining balance on your student loans will be forgiven after you make a certain number of payments over 20 or 25 years. Past periods of repayment, deferment, and forbearance might now count toward IDR forgiveness because of the payment count adjustment.

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